Stockholm, February 5, 2016
INVISIO (IVSO), which develops and sells communication systems with hearing protection, has received an additional order from the Australian Department of Defense’s LAND 125 Program. The order value amounts to approximately SEK 15 million and deliveries are scheduled through 2016, starting in the second quarter.
The order is the third from the customer in a short time under the five-year agreement awarded in October 2015.
”We are pleased that the customer continues in its efforts to replace existing communications and hearing protection systems with our efficient solution. The customer gradually provides their army units with the new equipment according to their internal acquisition strategy”, said Lars Højgård Hansen, CEO of INVISIO.
The order was placed by INVISIO’s Australian partner Defcon Technologies and includes the INVISIO S10 communications system with headsets for use with a radio. The system ensures a good hearing protection while the wearer is able to communicate and maintain situational awareness.
INVISIO Communications AB (publ) discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication on February 5, 2016 at 8.30 CET.
For additional information, please contact:
Lars Højgård Hansen, CEO, INVISIO Communications
Mobile: + 45 53 72 7722
E-mail: lhh@invisio.com
Tina Dackemark Lawesson, Director Investor Relations & Corporate Communications
Mobile: + 45 53 72 7733
E-mail: tdl@invisio.com
About INVISIO Communications AB
INVISIO offers cutting-edge personal communication and hearing protection systems. The systems enable users to operate and communicate safely and clearly in all environments, even under extreme conditions, such as loud noise, heat, and underwater. INVISIO systems consist of headsets and advanced control units that interface to a wide range of communication devices. The systems provide hearing protection while maintaining the natural level of situational awareness. INVISIO is marketed through a global network of partners to both government and commercial users. INVISIO is a Swedish public company listed on the Nasdaq Stockholm Exchange (IVSO). Additional information is available on the company's web site www.invisio.com.
